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Should I defer contributing to my Roth IRA to save up to purchase my first home/rental property? (Shasta Lake, CA)

Being my first home I could secure a FHA loan to buy a house and subsequently rent the home out and generate rental income.

If I save my extra money after my Roth IRA it would take me about a year, if I max my roth it could take up to three years. What would make the most sense? I contribute 6,000$ to my Roth but this could very well be a down payment instead.

submitted by /u/faker2030
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/j15drj/should_i_defer_contributing_to_my_roth_ira_to/
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